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Cars.com Reports First Quarter 2026 Results

Revenue grew in line with guidance to $180.2 million, up 1% year-over-year Net income increased to $5.0 million compared to net loss of ($2.0) million in the prior year Adjusted EBITDA grew to $51.0 million, up 1% year-over-year; Adjusted EBITDA margin of 28.3% outperformed guidance of 26% to 27% Net cash provided by operating activities was $39.8 million compared to $29.5 million in the prior year Share repurchases totaled 3.8 million shares for $33 million through April 30, 2026; 2026 repurchase target has been increased to $90 million CHICAGO, May 7, 2026 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS), a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars, today released its financial results for the first quarter ended March 31, 2026.

Cars.com's New First-of-Its-Kind AI Video Solution Turns Every Vehicle Into High-Intent Sales Engine

New VIN-Specific, AI-Powered Video Ads — Fueled by Real-Time Shopper Demand and Closed-Loop Attribution — Deliver 47% Lift in Influenced Sales CHICAGO, April 27, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com Inc. (NYSE: CARS) today shared new data around its powerful artificial intelligence (AI) video advertising solution that automatically converts dealer inventory into shopper-ready video assets. A pilot program was announced earlier this year at NADA Show 2026, and the company officially rolled out its first live campaign in March.

Cars.com Provides Update on Business Initiatives, Raises Share Repurchase Target and Reaffirms Guidance

CHICAGO, April 9, 2026 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS), a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars, today shared an update on the Company's progress against key business initiatives previously announced on its February 2026 earnings call.

Affordable Excellence: Cars.com Announces 2026 Best Value New Cars

Best Value New Car awards highlight affordable vehicles for cost-conscious shoppers as gas prices soar and average new-car prices are up $709 YOY CHICAGO, April 7, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com® (NYSE: CARS) today announced its 2026 Best Value New Cars awards across eight key vehicle segments, factoring in price, standard safety and tech features, fuel economy and one-year fuel costs. According to a recent Cars.com survey, three-quarters of in-market car shoppers indicate they are spending less money, focusing on necessities and ensuring they get the most value from every penny spent on major purchases.